Moskowitz Capital Mortgage Fund II Returns 9.5% in Q2 FY 2019
TORONTO and HALIFAX, January 21, 2019 – Moskowitz Capital Management Inc., the fund manager, is pleased to report strong performance in Q2 fiscal 2019 ending December 31, 2018, delivering an annualized dividend return of 9.5% to investors of Moskowitz Capital Mortgage Fund II Inc. (“Fund”).
Fund’s Performance
| 2019 | Since | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | Q1 | Q2 | Inception |
| 10.4 | 10.9 | 9.8 | 9.9 | 9.0 | 8.6 | 10.0 | 8.9 | 7.8 | 6.8 | 8.5 | 6.9 | 7.3 | 9.5 | 8.7 July ’06 |
Cash on cash net return to investors shown as percentage.
Quarterly returns presented on an annualized basis.
Fiscal year-end is June 30.
About Moskowitz Capital
Moskowitz Capital originates, underwrites and manages its on-balance sheet mortgage investments, specializing in alternative mortgage lending to niche markets in the Atlantic provinces, Ontario, Saskatchewan and Alberta. With expertise in mortgage banking, and a commitment to professionalism and ethical conduct, Moskowitz Capital manages an RRSP eligible mortgage fund on behalf of accredited investors seeking superior cash on cash returns and capital preservation. Moskowitz Capital Management Inc. is a licensed Mortgage Administrator by the Financial Services Commission of Ontario. Moskowitz Capital Mortgage Fund II Inc. is a licensed Financing Corporation by the Saskatchewan Financial Services Commission.
For information on our loan program, please go to: Moskowitz Capital Loan Program